I don’t grok the idea of Steem potentially not being in the reward pool and instead using SMT’s for rewards.

Part of my comment from another thread:

>Many of us here have worked to build our SP *for the long haul*.  A move to SMT-only rewards has the potential to invalidate that strategy. Would only authors/curators no longer earn Steem? Would inflation be trimmed so that only witnesses, the DAO, and SP hodlers earned Steem? Or would one or more of *those* also no longer get the inflation? There are so many unknowns.